Multiple Choice
FastForward has net income of $18,955 and assets at the beginning of the year of $200,000.Its assets at the end of the year total $246,000.Compute its return on assets.
A) 7.7%
B) 8.5%
C) 9.5%
D) 11.8%
E) 13.0%
Correct Answer:
Verified
Correct Answer:
Verified
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